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SAIC-GM-Wuling leads passenger vehicle sales in March

Apr. 19, 2012 (China Knowledge) - SAIC-GM-Wuling Automobile Corp, a joint venture of General Motors, Shanghai Automotive Industry Corp and Liuzhou Wuling Motors Co, ranked first in the top ten passenger vehicle maker list released by the China Association of Automobile Manufacturers with sales of 128,700 units last month.

Shanghai GM ranked second with 110,700 passenger vehicles sold in March, followed by FAW Volkswagen 109,800 units, Shanghai Volkswagen Automotive Co Ltd 106,700 units, Dongfeng Nissan Ltd 83,800 units, Chongqing Changan Automobile Co Ltd<000625><200625> 64,500 units, Beijing Hyundai Motor Co 64,200 units, Chery Automobile Co Ltd 57,300 units, FAW Toyota Motor Ltd 57,000 units and Dongfeng Motor Group Co Ltd<0489> 44,800 units.

Passenger vehicle sales of the ten companies totaled 827,500 units last month, accounting for 59.11% of the total passenger vehicle sales in China in the month.

For the commercial vehicle market in China, Beiqi Foton Motor Co Ltd<600166> ranked first in the top ten commercial vehicle maker list with 78,000 commercial vehicles sold in March.

The top ten commercial vehicle makers sold a total of 317,500 commercial vehicles last month, or 72.39% of the total commercial vehicle sales in China in the month, according to a separate report from CAAM.

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